Best Buy Announces Acquisition of mindSHIFT Technologies

Editor's Note: The following is a Best Buy press release.

announced Thursday that it has completed the acquisition of mindSHIFT Technologies Inc., a managed service provider (MSP) for small and mid-sized businesses. mindSHIFT provides managed IT, cloud, data center and professional services to more than 5,400 clients and 25,000 managed desktops in markets throughout the U.S.

Coupled with Best Buy's retail, Geek Squad services and Best Buy For Business operations, Best Buy anticipates that mindSHIFT will capture a greater share of the $40 billion small-to-mid-sized MSP market. mindSHIFT supports clients across all industries with a focus on the legal, healthcare, financial, non-profit, association and education categories. It will operate under its current name, management team and capabilities, which include approximately 500 employees at offices in Boston; Long Island, N.Y.; Minneapolis; Morrisville, N.C.; New York City; Philadelphia and Washington, D.C.